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JPMorgan CEO Jamie Dimon Once Called Bitcoin A 'Pet Rock' โ€” Now He Says Crypto, Stablecoins Are 'Real, We'll All Use Them'
Yahoo Financeยท 2025-10-31 18:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. JPMorgan Chase (NASDAQ:JPM) CEO and longtime Bitcoin (CRYPTO: BTC) critic Jamie Dimon has acknowledged that crypto, blockchain, and stablecoins are "real." This marks a notable shift in tone as his bank prepares to let institutional clients use Bitcoin and Ethereum (CRYPTO: ETH) as loan collateral by the end of 2025. Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with mo ...